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Canadian Solar Partners with Sol Systems to Ramp Up US Module Manufacturing, Financial Terms Undisclosed

Author: Benzinga Newsdesk | March 04, 2024 08:09am

 Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ:CSIQ) and Sol Systems, a leading renewable energy company based in Washington, D.C., announced today a partnership to scale new solar module production and procurement in the United States. Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules from its newly ramped Texas module factory.

Under the partnership, Canadian Solar will supply its latest high efficiency N-Type TOPCon (Tunnel Oxide Passivated Contact) solar modules to support Sol Systems' project pipeline in the U.S. between 2024 and 2025.

Posted In: CSIQ

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